Bob Buente South Park BID Emails through 10/2018

Re: Emrani Properties

Subject: Re: Emrani Properties
From: Ellen Riotto <ellen@southpark.la>

Date: 05/19/2017 10:27 AM

To: Tara Devine <tara@devine-strategies.com>

CC: Robert Buente <bbuente@1010dev.org>

Sounds good.

From: Tara Devine <tara@devine-strateqies.com>
Date: Friday, May 19, 2017 at 10:22 AM
To: Ellen Riotto <ellen@southpark.la>

Cc: Robert Buente <bbuente@1010dev.orq>
Subject: Re: Emrani Properties

I just replied on Mack Urban and also re: calls.

Because I am out of pocket after 1:30 today, I think it is most strategic to keep
answering questions and regenerating any petitions. I will do my best to keep current on
any received by about 12:30 today.

For any that require substantial investigation, and for those received after 12:30, I will
respond to those over the weekend. We should go into Monday current on all
inquiries/petitions which allows me to do select calls and incoming inquiries on Monday.

Sound good?

I have held Monday open after 10:30am just for SP.

On May 19, 2017 9:18 AM, "Ellen Riotto" < ellen@southpark.la <mailto:ellen@southpark.la> >
wrote:

Just so I know, are you available for calls today? In addition to this one, I
received a phone call from Mack Urban this AM with some concerns over their petitions. I
asked them to send me a summary email, which I'll forward to you ASAP, but it would be
great to be able to settle these issues as quickly as possible.

Ellen Riotto

Interim Executive Director
South Park BID

1 of 5

10/19/2018 09:00 AM

Re: Emrani Properties

1100 S Flower St, Suite #3400, Los Angeles, CA 90015
o. 213-663-1112 <tel:(213)%20663-1112>

C. 401-439-8147 <tel:(401)%20439-8147>

24/7: 866-560-9346 <tel:(866)%20560-9346>

Sent from my iPhone

On May 19, 2017, at 9:13 AM, Tara Devine < tara@devine-strateqies.com
cmailto:tara@devine-strategies.com> > wrote:

Thank you! I'll expect more questions ©

On May 19, 2017 12:31 AM, "Ellen Riotto" < ellen@southpark.la
<mailto:ellen@southpark. la> > wrote:

Just sent the response to him and CC'd you

Ellen Riotto

Interim Executive Director
South Park BID

1100 S Flower St, Suite #3400, Los Angeles, CA 90015
o. 213-663-1112 <tel:(213)%20663-1112>

C. 401-439-8147 <tel:(401)%20439-8147>

24/7: 866-560-9346 <tel:(866)%20560-9346>

Sent from my iPhone

On May 19, 2017, at 12:10 AM, Ellen Riotto < ellen@southpark.la
<mailto:ellen@southpark.la> > wrote:

Thanks Tara

I think be I told Brian he'd receive an answer from you
today, it's best that you send him the email you just shared w me and Bob. It answers the
question, as I understand it. However I don't think they'll be happy to hear it. I'll
follow up with your email to Brian (please keep me CC'd) and will let him know that I'll
reach out first thing tomorrow AM.

2 of 5

10/19/2018 09:00 AM

Re: Emrani Properties

Thanks

Ellen

Ellen Riotto

Interim Executive Director
South Park BID

1100 S Flower St, Suite #3400, Los Angeles, CA 90015
o. 213-663-1112 <tel:(213)%20663-1112>

C. 401-439-8147 <tel:(401)%20439-8147>

24/7: 866-560-9346 <tel:(866)%20560-9346>

Sent from my iPhone

On May 18, 2017, at 11:59 PM, Tara Devine < tara@devine-
strateqies.com <mailto: taratadevine- strateqies.com> > wrote:

Ellen: I noticed you connected me to Brian.

I can send him the answer I just sent you/Bob, or

you may forward it.

Does my answer accurately reflect their
questions/concerns as you understand them?

On Thu, May 18, 2017 at 11:54 PM, Tara Devine
< tara@devine-strateqies.com cmailto:tara@devine-strategies.com> > wrote:

Thanks for your patience. The question wasn't
explicit, but here's what I think was implied.

If I understand the question correctly as:

If a property (recorded as residential condos) is
operated as apartments, shouldn't it (or can't it) be assessed like commercial buildings
rather than condominiums?

...then the answer is:

We cannot assess condos as apartments (even if
they are operated as such) because each condo unit is a separate freestanding parcel in
the eyes of the County (and City) with each being levied their own property taxes (and
assessments) and being billed individually, regardless of who owns them. The BIDs
Management District Plan (MDP) and Engineer's report (ER) very clearly establish one rate
for residential condominiums and one rate for commercial buildings (which include
apartments.) Once a property records their residential condo subdivision, we assess the
property at the residential condo rate, and cannot assess it at the commercial (apartment)
rate.

3 of 5

10/19/2018 09:00 AM

Re: Emrani Properties

A residential condo does not, persay, have a "lot"
or "frontage," which is why we assess on unit SF alone. And each res condo unit receives
an individual property tax bill (including any assessment.) On the other hand, an
apartment building (i.e. not subdivided) is a single parcel, receiving a single property
tax bill (except in rare instances where the building straddles a parcel line, in which
case the bldg SF is allocated either to one parcel, or among the parcels.) Such a parcel
has a "lot" and "frontage" in addition to its bldg SF - which is why we assess these
parcels on a combination of bldg, lot and frontage.

On Thu, May 18, 2017 at 3:15 PM, Ellen Riotto
< ellen@southpark.la <mailto:ellen@southpark.la> > wrote:

Hi Tara,

The Emrani family owns 3 LLCs in the district:

VENICE INVESTMENTS GROUP LLC
PACKARD COMMERCIAL LLC
HOPE ENTERPRISES LLC

They are being charged at the condo rate, but they
operate their units as apartments. They would like to arrange a call with you today - do
you have availability?

Thank you in advance,

Ellen

Ellen Riotto

Interim Executive Director
<image001.png>

South Park Business Improvement District
1100 S Flower St, Suite #3400, Los Angeles, CA

90015

o. 213 663 1112 <tel:(213)%20663-1112>

ellen@southpark.la <mailto:ellen@southpark.la> |

| c. 401 439 8147 <tel:(401)%20439-8147>

southpark.la <http://www.southpark.la/> |

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10/19/2018 09:00 AM

Re: Emrani Properties

Facebook <http://fb.com/SouthParkLosAnqeles> | Twitter <https://twitter.com/southparkla>

| Instag ram <https://www.instaq ram.com/southpa rkla/>

24/7 DISPATCH: 866-560-9346 <tel:(866)%20560-9346>

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10/19/2018 09:00 AM